Entries tagged "Rail"

  • Making Solid Tracks: North Korea's Railway Connections with China and Russia | Jan. 8, 2019, 10:37 a.m.

    Should inter-Korean cooperation result in the re-joining of North and South Korea's railways, it could connect the peninsula through China and Russia to a rail network that spans Eurasia. However, such connections will require a long and costly modernization process to fully integrate the systems in a commercially viable way, complicating the future of these potentially transformative links.

  • China Approves $34B Railway Projects | Jan. 2, 2019, 11:15 a.m.

    China's state planner has approved inter-city railway projects in the eastern provinces of Jiangsu and Anhui, with a combined total investment value of $33.82 billion and a total length of 1,063 km.

  • Making Solid Tracks: North and South Korean Railway Cooperation | Dec. 11, 2018, 8:52 a.m.

    North and South Korea are pushing railway cooperation as an engine for advancing inter-Korean relations. Railway connections could integrate the peninsula into a network that spans the continent, marking a significant diplomatic and geopolitical accomplishment. However, significant obstacles still remain.

  • Thailand To Develop HSR Network | Dec. 7, 2018, 8:27 a.m.

    Thailand will spend more than $25 billion to build a high-speed rail network in a bid to transform the country into a regional rail hub. The Bang Sue Grand Station in Bangkok, when completed in 2020, is expected be Southeast Asia's biggest station with a capacity of serving 400,000 passengers daily.

  • Inter-Korean Rail Field Study to Start | Nov. 29, 2018, 9:46 a.m.

    South and North Korea will launch a field study on Friday to relink railways cut since the 1950-53 Korean conflict, after the U.N. Security Council granted sanctions exemptions last week, reports the Nikkei Asian Review.

  • Inter-Korean Rail Survey Receives Sanctions Exemption | Nov. 27, 2018, 9:25 a.m.

    South Korea has received sanctions exemption from the United Nations Security Council for a joint survey of inter-Korean railways, the first step towards reconnecting rail and road links of the two Koreas since the 1950-53 Korean War.

  • China To Invest In Philippine Rail And Dam | Nov. 20, 2018, 9:13 a.m.

    China agreed to fund the $365 million Kaliwa dam and take part in the $3.3 billion southern Luzon railway project in the Philippines. A memorandum of understanding on oil and gas exploration was also signed between the two countries.

  • China Railway Joins Bid for Thai HSR | Nov. 13, 2018, 9:49 a.m.

    China Railway Construction will join a consortium led by Charoen Pokphand Group (CP Group) to bid for the construction of Thailand's $7 billion high-speed railway project that will link three major airports.

  • China To Develop Supersonic Trains | Nov. 7, 2018, 9:39 a.m.

    Chinese automaker Zhejiang Geely Holding Group signed an agreement with China Aerospace Science and Industry Corp (CASIC) to jointly develop "supersonic" trains in the country with a maximum speed of 620 mph.

  • Japan To Aid Malaysian Rail | Nov. 6, 2018, 9:43 a.m.

    Japan will send experts from Kyushu Railway Co. and Japan Freight Railway Co. to Malaysia later in the month to study ways to improve the country's railway transportation system.

  • $14B Projects Approved in Thailand | Oct. 31, 2018, 10:04 a.m.

    The Thai government has approved four infrastructure megaprojects, worth a combined $14 billion, in an effort to rev up new investment in the country's Eastern Economic Corridor.

  • Malaysia's MRT2 To Resume | Oct. 26, 2018, 9:30 a.m.

    Malaysia has allowed Gamuda and MMC Corp. to resume underground works of the Mass Rail Transit 2 project after their joint venture agreed to a deeper cost cut, underscoring the government's resolve to push ahead with initiatives which only make economic sense.

  • 2018 KITA-CSIS Reconnecting Asia Conference | Oct. 25, 2018, 2:18 p.m.

    On September 18, 2018, the Reconnecting Asia Project and the Korea International Trade Association (KITA) hosted “Looking North: Korea in a Reconnecting Asia,” a half-day conference that explored Korea’s ambitious plans for connectivity.

  • Hong Kong HSR Falls Short | Oct. 16, 2018, 10:11 a.m.

    A recently opened express railway between Hong Kong and mainland China has drastically cut travel times, but has experienced less demand in commuters and tourists as initially anticipated, reports the Nikkei Asian Review.

  • Japan’s Nippon Express Launches China-Europe Train Service | Sept. 27, 2018, 11:02 a.m.

    Japan’s Nippon Express will begin offering regular freight train shipping between China and Europe in February, as China’s Belt and Road Initiative accelerates the transfer of goods between the two markets, reports the Nikkei Asian Review.

  • Special Report: China's Belt and Road Initiative | Sept. 26, 2018, 8:44 a.m.

    Although Beijing insists that its Belt and Road Initiative has no geopolitical motives, the project has been at the center of an increasing number of political controversies, foreign and domestic, writes the Financial Times in a Special Report, citing analyses from the Reconnecting Asia Project.

  • View All Analysis | Sept. 17, 2018, 8:57 a.m.

    Browse our analysis section for news and articles on topics such as China's Belt and Road Initiative (OBOR), the Competing Visions of Japan, India, and other regional powers, and the stakes for U.S. policy.

  • Malaysia, Singapore To Revive ECRL | Sept. 5, 2018, 11:33 a.m.

    Malaysia and Singapore will resume construction of the 350 km East Coast Rail Link project in 2020 on the basis that Singapore will be compensated $11 million for the delay.

  • Mahathir To Renegotiate Chinese Infrastructure Deals | Aug. 16, 2018, 9:25 a.m.

    Malaysian prime minister Mahathir Mohamad is heading to China to renegotiate billion-dollar infrastructure projects signed by his predecessor, in an effort to reduce the nation's financial dependence on China.

  • BRI Funding Exceeds U.S. Indo-Pacific Push | Aug. 1, 2018, 10:17 a.m.

    The U.S.'s recently announced plan to invest $113 million in infrastructure throughout the Indo-Pacific region will have a limited impact and pales in comparison to China's multi-billion dollar Belt and Road Initiative, according to Dr. James Crabtree of the National University of Singapore.

  • EU Wary of China’s Infrastructure in Eastern Europe | July 30, 2018, 9:41 a.m.

    The EU became wary of China's infrastructure investment in Central and Eastern European countries. Hungary was forced by the EU to conduct a public tender for the Hungarian segment of the Belgrade-Budapest High-Speed Railway, which would delay the project completion until 2023.

  • Hyperloop Comes to China | July 23, 2018, 9:12 a.m.

    California-based Hyperloop Transportation Technologies will help build a 10-km hyperloop in Guizhou Province, which has been targeted for heavy transportation investment due to its strategic location on the land route of China's Belt and Road Initiative.

  • Malaysia Halves Cost of LRT3 | July 12, 2018, 9:25 a.m.

    Mahathir's new government intended to cut the cost of the Light Rail Transit 3 project by 47%, from 31.65 billion ringgit to 16.63 billion ringgit ($4.11 billion). This also sends a worrying message to stakeholders of other costly infrastructure projects signed by Najib's government, which was blamed for "poor governance."

  • Malaysia Suspends Major BRI Project | July 5, 2018, 9:48 a.m.

    Malaysia suspended work on the East Coast Railway Link, which was being constructed by a Chinese contractor for $20 billion. This may signal Mahathir administration's intent to cut national debt ahead of the potential renegotiation with China.

  • Cambodia to Revitalize Rail Infrastructure Amid $4B Debt Concerns | June 5, 2018, 10:32 a.m.

    Cambodia is set to complete an ambitious rail project next week from Poipet to Phnom Penh, connecting the country from North to South for the first time in 45 years. However, substantial Chinese involvement in the project has raised concerns over high levels of debt owed to China, which some estimates place as high as $4 billion, or 20 percent of Cambodia's GDP.

  • Gaining Steam on the Eurasian Economic Union's Railways | May 9, 2018, 10:30 a.m.

    Quotes and Quotas is a weekly digest of powerful phrases and facts that help explain Asia’s infrastructure push.

  • Railroads to Economically Reconnect Korea | May 2, 2018, 9:44 a.m.

    Warming ties between North and South Korea have raised hopes for investment in North Korean and inter-Korean railways. South Korea has begun tentative preparations for the construction and modernization of railway connections along the North Korean Coast, paving the way for future economic cooperation between the two Koreas.

  • China’s American Hubris | April 10, 2018, 9:14 a.m.

    China’s $1 trillion push to build infrastructure across Asia evokes romantic comparisons to the ancient Silk Road, but there is a more recent chapter of history that urges caution. More than a century and a half ago, the United States was a rising power racing westward, building transcontinental railways that delivered limited benefits and exacted a high cost from society. Today, China has taken on that role.

  • Karachi to Improve Bus and Rail | April 2, 2018, 9:26 a.m.

    The city of Karachi, Pakistan's business capital, is planning to improve its bus and rail networks to ease traffic and accelerate economic growth.

  • Iran's Railway Ambitions | April 2, 2018, 8:58 a.m.

    Within the last few years, Iran has demonstrated its strong political will to re-emerge as a regional transportation hub.

  • Japan Loans $1.4bn to India for Infrastructure | March 30, 2018, 9:59 a.m.

    Japan will lend India up to $1.4 billion for projects such as a subway in Mumbai.

  • China's Shrewd Bet on Intercontinental Rail | March 28, 2018, 7:58 a.m.

    A recent report from the Reconnecting Asia Project suggests intercontinental rail will not likely capture enough trade to fundamentally change Eurasia's broader economic picture.

  • Myanmar Overhauls Rail System | March 19, 2018, 10:22 a.m.

    Myanmar has begun overhauling its national rail system starting with two major arteries pivotal to economic revitalization.

  • Japanese Freight Service Joins BRI | March 12, 2018, 9:03 a.m.

    Japanese trading house Itochu is launching a freight transport service linking Japan and Europe via China.

  • China, India Compete in Nepal Through Railways | March 9, 2018, 9:35 a.m.

    Nepal's new prime minister K.P. Sharma Oli finds himself courted by China and India for railways projects.

  • The Rise of China-Europe Railways | March 6, 2018, 9:46 a.m.

    Just 10 years ago, regular direct freight services from China to Europe did not exist. Today, they connect roughly 35 Chinese cities with 34 European cities. But despite their rapid advances, these lines must compete with maritime routes that have dominated commerce between Asia and Europe since the late fifteenth century. It remains to be seen how much trade they can capture.

  • Bid-Rigging Arrests for Japan Maglev Project | March 5, 2018, 9:49 a.m.

    Japan's big four contractors are accused of bid-rigging for a planned magnetic levitation train line in an apparent effort to protect earnings amid pressure to cut costs.

  • Philippines' Largest Co. Looks to Power, Rail | Feb. 8, 2018, 10:57 a.m.

    San Miguel, the Philippines' largest listed company by revenue, has earmarked $13.6 billion to expand its investments in multiple sectors including power and transport infrastructure.

  • Duterte on Infrastructure: "Build, Build, Build" | Jan. 24, 2018, 10:25 a.m.

    Trucks and bulldozers are clearing the way this week for a 38-kilometer stretch of train tracks that is one of the Philippines largest infrastructure projects under Duterte’s “Build, Build, Build” infrastructure program.

  • Thailand Slows High-Speed Rail Aspirations | Jan. 18, 2018, 10:48 a.m.

    The Prime Minister of Thailand has instructed transport officials to reduce the maximum speed of the 670-kilometer Thai-Japanese high-speed rail.

  • Malaysia, Singapore Sign Rail Transport Pact | Jan. 17, 2018, 10:58 a.m.

    Malaysia and Singapore signed a bilateral agreement to build and run a Rapid Transit System Link on Tuesday, advancing an initiative to boost connectivity between the two Southeast Asian nations.

  • Indonesia Launches Rail Service to Jakarta Airport | Jan. 2, 2018, 9:03 a.m.

    Indonesia launched rail service linking central Jakarta with Soekarno–Hatta International Airport in a bid to combat highway congestion.

  • Jakarta Keeps $2.1B Rail Project Afloat | Dec. 12, 2017, 9:35 a.m.

    A railway system under construction in Greater Jakarta avoided delays last after Indonesia's top ministers proposed a new funding scheme for the $2.14 billion project.

  • Malaysia Co. Bids for East Coast Rail | Dec. 11, 2017, 9:29 a.m.

    Malaysian construction company Gabungan AQRS is close to winning a contract to construct Malaysia's East Coast Rail Link from Port Klang to the border with Thailand.

  • Israel Proposes Ambitious "Tracks for Peace" | Oct. 24, 2017, 9 a.m.

  • Philippine Firm Pushes Monorail in Manila | Oct. 11, 2017, 9:25 a.m.

    A Philippine conglomerate is pushing a new monorail connection to one of Metro Manila's busiest train lines.

  • Malaysia's WCT Holdings Gets $196.88M Light Rail Project | Aug. 29, 2017, 9:30 a.m.

    WCT Holdings, a Malaysian construction and property development firm, has accepted a contract to construct and complete the Light Rail Transit Line 3 (LRT3) and other associated works for $196.88 million.

  • Australian Firm To Launch Property, Infrastructure Fund In Japan | Aug. 23, 2017, 9:30 a.m.

    Australia's NAB Asset Management is preparing to bring a property- and infrastructure-focused investment product to the Japanese market, with shares in electric utilities, railroad operators and other infrastructure-related companies accounting for a substantial proportion. The new fund could top out at $35 billion.

  • Malaysia's Felda Global Seeks Rail Partnerships | Aug. 15, 2017, 9:25 a.m.

    Malaysia's state-run palm oil producer Felda Global Ventures Holdings said Monday it is keen on providing integrated logistics services with parties involved in the development of the East Coast Rail Link (ECRL) project.

  • Mitsubishi Heavy Drops $82B train project | Aug. 11, 2017, 9:20 a.m.

    Mitsubishi Heavy Industries, one of Japan's leading engineering companies, will withdraw from a 9 trillion-yen ($82 billion) prestigious high-speed railway project of magnetic-levitation (maglev) train cars, a futuristic technology allowing trains to move without contacting the ground.